Cryptocurrency Q&A
Is block trade legal?
Is block trade legal?
Riccardo
Tue Oct 08 2024
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6 answers
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I'm curious to know, is block trade legal in the realm of cryptocurrency and finance? Could you please elaborate on the legality of this practice and any potential regulations or restrictions that may apply? Understanding the legality of block trades is crucial for investors and traders alike, as it can have significant implications on their strategies and decision-making processes. Additionally, it's important to stay informed about any changes in the legal landscape to ensure compliance and avoid any potential legal issues.
6 answers
KatieAnderson
Thu Oct 10 2024
The secondary capital market encompasses a vital segment of financial transactions, particularly those involving the exchange of securities.
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Chiara
Thu Oct 10 2024
A notable update in this realm was introduced by the Security Exchange Board of India on October 26, 2017, aimed at refining the definition and requirements for block trades.
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Sebastiano
Thu Oct 10 2024
According to these revised rules, a transaction qualifies as a block trade only if it involves shares whose total value surpasses a predetermined threshold.
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EclipseRider
Wed Oct 09 2024
Specifically, the minimum value of shares in a single transaction must amount to 10 crores or more to constitute a block trade under the new regulations.
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WhisperWindLight
Wed Oct 09 2024
This threshold serves as a crucial criterion, distinguishing block trades from other, smaller-scale transactions on the secondary market.
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